TOKYO — Real estate investment in Japan reached a quarterly record of 2.1 trillion yen ($14.6 billion) for Janu-March, with Tokyo leading global cities, as overseas investors took advantage of relatively low interest rates to snap up big properties.
Investment nationwide rose 23% on the year, data from Jones Lang LaSalle (JLL) shows, topping 2 trillion yen for the first time since the survey began in 2007.